North American Financial 15 Split Corp
TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) — North American Financial 15 Split Corp. (The “Company”) declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually). Distributions are payable October 10, 2024 to shareholders on record as at September 30, 2024.
Since inception Class A shareholders have received a total of $16.95 per share and Preferred shareholders have received a total of $11.46 per share inclusive of this distribution, for a combined total of $28.41.
The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.
Distribution Details
Class A Share (FFN)
$0.11335
Preferred Share (FFN.PR.A)
$0.07917
Record Date:
September 30, 2024
Payable Date:
October 10, 2024
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Publish date : 2024-09-18 02:00:00
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